2019 Conference
May 21–23, 2019
Westin Arlington Gateway, Arlington, VA, USA
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F2b Reforming Australia's Twin Peaks to Better Protect Consumers and Deter Market Misconduct
Key Words
financial consumer protection; financial system regulation; Twin Peaks; regulating conduct
Short Description
Consumer and market abuse in the Australian financial system has reached crisis levels, leading to, and as a result of, the establishment of the Financial Services Royal Commission. As a result it is time to re-examine Australia's vaunted 'Twin Peaks' regulatory architecture to determine what reforms must be undertaken to prevent a reoccurence of market and consumer abuse and disregard for the law on the scale revealed thus far.
First & Corresponding Author
Andrew Schmulow, University of Wollongong
Authors in the order to be printed
Andrew Schmulow; Karen Fairweather; John Tarrant